| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24.5B | — | $21.9B | — | 11.9% |
| Op. Income | $7.7B | — | $6.7B | — | 14.8% |
| Gross Margin | 66.3% | — | 64.2% | — | 2.0pp |
| Net Margin | 26.8% | — | 25.8% | — | 1.0pp |
| EPS (Diluted) | $0.84 | — | $0.72 | — | 16.7% |
| Free Cash Flow | $10.3B | — | $9.4B | — | 9.8% |
| Item | Amount |
|---|---|
| REVENUE | $24.5B |
| Cost of Revenue | $8.3B |
| GROSS PROFIT | $16.3B |
| R&D Expenses | $3.6B |
| Selling & Marketing | $3.8B |
| General & Administrative | $1.2B |
| SG&A Expenses | $5.0B |
| Other Expenses | $0 |
| Operating Expenses | $8.6B |
| Cost & Expenses | $16.8B |
| OPERATING INCOME | $7.7B |
| Interest Income | $473M |
| Interest Expense | $672M |
| Other Income/Expenses | $276M |
| INCOME BEFORE TAX | $8.0B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $6.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.6B |
| D&A | $2.5B |
| EBIT | $8.7B |
| EBITDA | $11.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $24.5B |
| Cost of Revenue | $8.3B |
| GROSS PROFIT | $16.3B |
| R&D Expenses | $3.6B |
| Selling & Marketing | $3.8B |
| General & Administrative | $1.2B |
| SG&A Expenses | $5.0B |
| Other Expenses | $0 |
| Operating Expenses | $8.6B |
| Cost & Expenses | $16.8B |
| OPERATING INCOME | $7.7B |
| Interest Income | $473M |
| Interest Expense | $672M |
| Other Income/Expenses | $276M |
| INCOME BEFORE TAX | $8.0B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $6.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.6B |
| D&A | $2.5B |
| EBIT | $8.7B |
| EBITDA | $11.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6.6B |
| Depreciation & Amortization | $2.5B |
| Stock-Based Compensation | $973M |
| Deferred Income Tax | -$53M |
| Other Non-Cash Items | -$523M |
| Change in Working Capital | $3.0B |
| OPERATING CASH FLOW | $12.4B |
| Capital Expenditure | -$2.1B |
| Acquisitions (Net) | -$179M |
| Purchases of Investments | -$33.0B |
| Sales/Maturities of Investments | $28.3B |
| Other Investing Activities | $106M |
| NET CASH FROM INVESTING | -$6.9B |
| Net Debt Issuance | -$925M |
| Common Stock Repurchased | -$2.6B |
| Common Dividends Paid | -$3.0B |
| Other Financing Activities | -$150M |
| NET CASH FROM FINANCING | -$6.3B |
| FREE CASH FLOW | $10.3B |
| Net Change in Cash | -$779M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.9B |
| Short-Term Investments | $131.6B |
| Net Receivables | $14.6B |
| Inventory | $3.2B |
| Other Current Assets | $4.8B |
| TOTAL CURRENT ASSETS | $161.0B |
| PP&E (Net) | $31.7B |
| Goodwill | $35.4B |
| Intangible Assets | $9.6B |
| Long-Term Investments | $5.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.1B |
| TOTAL NON-CURRENT ASSETS | $88.1B |
| TOTAL ASSETS | $249.1B |
| Account Payables | $6.9B |
| Short-Term Debt | $9.2B |
| Deferred Revenue | $22.8B |
| Other Current Liabilities | $10.2B |
| TOTAL CURRENT LIABILITIES | $51.6B |
| Long-Term Debt | $76.3B |
| Deferred Revenue NC | $2.1B |
| Deferred Tax Liabilities | $5.5B |
| Other Non-Current Liabilities | $20.8B |
| TOTAL NON-CURRENT LIABILITIES | $107.8B |
| TOTAL LIABILITIES | $159.4B |
| Common Stock | $69.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $19.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $526M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $89.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $89.6B |
| TOTAL LIABILITIES & EQUITY | $249.1B |
| Total Debt | $90.0B |
| Net Debt | $83.1B |